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'What a GDPR breach': funds get injunction over alleged threat to publish confidential financial information

Summary

Two financial funds, Emerald Sky II DAC and Lotus Decalia DAC, and their receivers, Myles Kirby and John Healy, obtained a temporary High Court injunction to stop businessman Patrick 'Paddy' Byrne, who is alleged to be the owner and director of Victoria Homes Ltd and Victoria Homes Development Ltd, from publishing or distributing confidential financial information he claims to possess. The injunction was granted on an ex‑parte basis by Mr Justice Brian O'Moore and remains in force until the case returns later in the week. Byrne's email, sent on 14 April, alleges he has the entire Lotus loan book, including names, contact details and risk assessments, and threatens to release it to the media if the plaintiffs do not respond by a specified date. The plaintiffs, represented by Edward Murray BL, argue that Byrne is not entitled to publish or distribute such material and that the email constitutes a potential GDPR breach.

Who, what, where, when and why

What: Report matter: 'What a GDPR breach': funds get injunction over alleged threat to publish confidential financial information. Procedural stage: hearing_or_decision

When:

• April 14th Hearing Or Sentence
• 2023-04-18 Publication

Places mentioned

Topics

Stage Hearing Or Decision

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Read the original CNI report